Tata Sons

Cyrus Mistry's assets may be divided among wife, sons Firoz and Zahan

The billionaire Mistry family's estate is likely to soon change hands

Air India may find it cheaper to buy jets, thanks to Tata's credit profile

On the strength of its excellent financial track record, Tata Group was able to secure Power-By-Hour (PBH) agreements with engine manufacturers GE and Rolls Royce

Tata mulls merger of arm for exemption from RBI as NBFC upper layer tag

Legal sources said Tata Sons will have to submit audited financial data of each subsidiary and its step-down subsidiaries--about 1,300 firms in all--in order to seek exemption

Tata Sons exploring ways to get out of upper layer NBFC list: Report

Since the collapse of IL&FS in 2018, the RBI has been gradually tightening the regulatory framework for NBFCs

1 year on: A snapshot of Air India's performance under the Tata group

The carrier has taken various steps to improve its performance such as starting flights on 16 international routes, hiring 1,200 people, doubling average daily revenue

Air India-Vistara to get $1.5-$1.8 billion from Tata Sons: Report

The investments will be made from the proceeds received as dividend income from Tata Consultancy Services (TCS) and other firms of the group

One year since Tatas took over Air India, here's how the journey has been

From expanding its reach to bringing in cultural changes, the flight has had its challenges

B20 has unique opportunity; can be value adding for world: N Chandrasekaran

The Business-20 has a unique opportunity and a very important role to play in working out agenda that can be value adding for all G-20 nations and the rest of the world, B20 India Chair N Chandrasekaran said on Monday. The Business 20 (B20) is the official G20 dialogue forum with the global business community. It is among the most prominent engagement groups in G20, with companies and business organizations as participants. In his address at the B20 India inception meeting here, Chandrasekaran, who is also the Chairman of Tata Sons, said during India's leadership of the forum, various initiatives would be taken up in several areas, including global supply chain, creative skills, circular economy, digital transformation and financial inclusion. "India is in a very unique position in the world at a time (when) we are seeing several moving parts, and B20, during India's leadership of G20, has a unique opportunity and has a very important role to play," he said. Chandrasekaran said ...

Air India fell short, should have been swifter: Tata boss on pee-gate

Tata Group Chairman N Chandrasekaran admitted on Sunday that Air India's response to the incident of a drunk passenger allegedly urinating on a woman on one of its international flights last year should have been "much swifter". In a statement, which came days after the aviation regulator DGCA pulled up the Tata Group-owned full service carrier, Chandrasekaran also said that "we fell short of addressing this situation the way we should have." In a shocking incident, an inebriated man allegedly urinated on a female co-passenger, a senior citizen in her seventies, in the business class of Air India New York-New Delhi flight on November 26 last year. The accused Shankar Mishra was arrested by the Delhi Police from Bengaluru on Saturday. "The incident on Air India flight AI102 on November 26, 2022, has been a matter of personal anguish to me and my colleagues at Air India. Air India's response should have been much swifter. We fell short of addressing this situation the way it should h

Tata Sons chairman to head Maharashtra's new economic advisory body

Tata Sons chairman N Chandrasekaran will head the new Economic Advisory Council of Maharashtra, the state government said on Thursday. Deputy Chief Minister Devendra Fadnavis made the announcement in the Legislative Council in Nagpur. To make Maharashtra a trillion dollar economy, the state government is setting up an Economic Advisory Council, to be headed by Tata Sons chairman N Chandrasekaran," he said. It will function as a private research organization with focus on issues related to agriculture, banking, engineering and education, among others, Fadnavis added. The government is also focusing on certain 'aspirational' regions to enhance the state's human development index, he said.

India well positioned to be fastest growing major economy: Chandrasekaran

India is well positioned to continue to be the fastest-growing major economy next year, which may mark the lowest global growth since the millennium began barring the pandemic and the global financial crisis, according to Tata Sons Chairman N Chandrasekaran. In his New Year message to around 9.35 lakh employees of the Tata Group, he said increasing consumption, consumer confidence and investment will support India's growth story although the global environment has several risk factors, including the energy crisis in Europe, the battle to contain inflation to avoid recession, and ongoing geopolitical conflicts. "Post-pandemic, India opened up, and we have returned to living our daily lives normally, in a year that saw the nation turn 75 years old. Business momentum has been strong for many of our companies," he wrote. In the next year, Chandrasekaran said, "we are likely to see inflation gradually moderate. India is well positioned, and we will continue to be the fastest growing majo

Tata chief sees AI/ML, supply-chain diversification as growth drivers

'Need to keep careful watch on commodity price rises,' Chandra tells employees in New Year message

Reform will propel fundamentals of India's performance: N Chandrasekaran

Reform will be a key pillar that will propel fundamentals of India's performance in the coming decades, which have a major growth opportunity for the country, Tata Sons Chairman N Chandrasekaran said on Friday. While the country can look forward to becoming a USD 25-30 trillion economy in its 100th year of Independence, it is also crucial to spread the gains of the future to everyone, including informal workers, agricultural labourers and women, he said while addressing the annual convention of industry body FICCI. Chandrasekaran noted that the government has taken several reforms before and after the pandemic which has set a strong foundation for a renewed vision for India in 2047. "Looking for the next few decades, India presents a major growth opportunity. At the same time, it is important to remember the scope of reforms India has undertaken in the last few years," he said. Pre-pandemic, the government introduced GST, Insolvency and Bankruptcy Code (IBC), inflation targeting ..

Shapoor Mistry lone representative on boards of family investments firms

Both firms own 18.4% stake in Tata Sons

Tata's Chandrasekaran to head Business 20 India; CII to be Secretariat

'As India commences its leadership of B20 amid multiple global developments and transformations, the participation of businesses in global economic decision-making has never been more critical'

Long-overdue brand reboot aims to rescue Air India's battered image

While Air India remains a high-profile operator in one of the world's biggest aviation markets, customer complaints about a decline in standards have hurt its reputation

Air India ropes in Futurebrands to redraw its branding strategy: Report

Futurebrands has earlier worked on rebranding the American Airlines and luxury auto brand Bentley

11 e-commerce firms on board govt campaign to fight fake reviews

Firms to develop filtering & control tools and algorithms, verification and control processes

Tata Sons start process to bring all its airlines under one roof: Report

The expected merger is set to happen within a month of the Tata group completing the consolidation of Air India Express and AirAsia India

Evaluating investment opportunities: Tata Sons responds to Gadkari letter

On October 7, citing strengths like infrastructure, land availability and connectivity, the Union Minister had written a letter and sought investments from the Tata Group in and around Nagpur